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(I-SoftwareNews.Com, September 21, 2018 ) According to a new market research study titled 'Optical Fiber Market to 2025 - Global Analysis and Forecasts by types and End-user', the global Optical Fiber market was valued at US$ 9.52 Bn in 2015 and is estimated to reach US$ 27.88 Bn by 2025. The report highlights the trends prevalent in the global Optical Fiber market and the factors driving the market along with those that act as deterrents to its growth.
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Top Key Players in Market
1. Corning Inc.
2. Prysmian SpA
3. Yangtze Optical Fiber and Cable Co Ltd.
4. Fujikura Limited
5. Sterlite Technologies
6. Finolex Cable Limited
7. OFS Fitel, LLC
8. Alcatel Lucent
9. Broadcom Limited
10. Amphenol Corporation
Today, the fiber cables are used to transmit video along with voice and data. The installation of fiber cables in the initial stages was a bit tedious task but with growing awareness and skilled labor have made implementations quite easier. Increasing deployments of data centers in various parts of the world has significantly led to the rise in usage of optical fiber communications. Upcoming technologies where data is transferred in real-time require high bandwidth medium for propagation. High bandwidth requirements are fulfilled by the optical fiber cables.
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The global optical fiber market is segmented based on types as: step indexed optical fiber and graded indexed optical fiber. On the basis of end-user optical fiber market can be further divided into Broadcast, IT & Telecom, and Industrial, Defense, Medical and Others.
One of the prime factors that are driving the demands for optical fiber cables is the growing needs for fast and improved networking and network services and growing penetration of broadband connections among developed and developing countries. Governments of various countries worldwide have laid their stress on the reach of high speed internet services in urban and rural areas of their countries. A fiber optic cable ensures maximum reach out of services with very less attenuations, higher bandwidths and greater reliability over longer distances as a result of which three has been a meteoric rise in its implementations in various corners of the globe.
Geographically, the global Optical Fiber market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). India and China are expected to witness rising adoption of optical fiber cables due to various government initiatives taken in these countries for the development of internet infrastructure.
The key players profiled in the report are Corning Inc., Prysmian SpA, Yangtze Optical Fiber and Cable Co Ltd, Fujikura Limited, Sterlite Technologies, Finolex Cable Limited, OFS Fitel, LLC, Alcatel Lucent, Broadcom Limited and Amphenol Corporation.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
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Source: EmailWire.Com 
Source: EmailWire.com
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